Theo Closes $20M Funding Round to Revolutionize Retail Access to Institutional-Grade Crypto Trading
Crypto infrastructure startup Theo has raised $20 million in a Series A round co-led by Hack VC and Anthos Capital, with additional backing from crypto-native firms and key investors from financial giants such as Citadel, Jane Street, and JPMorgan.
Theo is building a platform that allows retail users to engage in sophisticated, institutional-level trading strategies by depositing digital assets into dedicated vaults. These vaults will provide access to arbitrage, hedging, and cross-chain funding rate optimization—high-level techniques typically reserved for large, professional trading desks.
The platform is powered by a custom-built validator network, which enables seamless execution of trades across centralized and decentralized exchanges. Theo’s system also ensures security with enforced margin requirements and overcollateralization across all vaults.
Founded by former quant traders from Optiver and IMC, Abhi Pingle, Arijit Pingle, and TK Kwon, Theo is addressing the inefficiencies and fragmentation that currently exist in the crypto market. “We’re enabling everyday users to tap into strategies that have historically been out of reach, empowering them to unlock new growth opportunities,” said Abhi Pingle.
Theo’s technology also offers trading firms the opportunity to interact with user funds, optimizing capital efficiency and enhancing liquidity, all while maintaining tight control over execution and risk management.
